Xtrackers California Municipal Etf Profile

CA Etf  USD 25.27  0.01  0.04%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Xtrackers California is trading at 25.27 as of the 18th of March 2024, a -0.04 percent decrease since the beginning of the trading day. The etf's open price was 25.28. Xtrackers California has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Xtrackers California Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2022 and ending today, the 18th of March 2024. Click here to learn more.
CA, Inc., doing business as CA technologies, develops, markets, delivers, and licenses software products and services in the United States and internationally. CA, Inc. was founded in 1974 and is headquartered in New York, New York. CA operates under Software - Infrastructure classification in USA and is traded on BATS Exchange. The company has 418.17 M outstanding shares of which 27.42 M shares are currently sold short in the market by investors with about 5.96 days to cover all shorted shares. More on Xtrackers California Municipal

Xtrackers Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Xtrackers California's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Xtrackers California or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, Global Pres and DirectorMichael Gregoire
Thematic Ideas
(View all Themes)
Business ConcentrationNASDAQ Composite Total, SBF 120, CAC All-Tradable, Municipals ETFs, Investment Grade ETFs, null, null, Software - Infrastructure, Technology (View all Sectors)
IssuerDWS
Inception Date2023-12-14
BenchmarkICE AMT-Free Broad Liquid California Municipal Index
Entity TypeRegulated Investment Company
Asset Under Management22.77 Million
Asset TypeFixed Income
CategoryMunicipals
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorDBX Advisors LLC
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Portfolio ManagerBryan Richards, Deepak Yadav, Ronald Leung, Benjamin Spalding
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-May
ExchangeNASDAQ
Number of Constituents275
Market MakerFlow Traders
Total Expense0.15
Management Fee0.15
Country NameUSA
CodeCA
Updated At17th of March 2024
NameXtrackers California Municipal Bonds ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01KC51RB6
TypeETF
Xtrackers California Municipal [CA] is traded in USA and was set up on null. The fund is currently listed under Municipals category as part of null family of funds. The entity is thematically classified as Municipals ETFs. Xtrackers California currently have in assets under management (AUM). Xtrackers California Municipal reports about 3.33 B in cash with (526.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.14.
Check Xtrackers California Probability Of Bankruptcy

Top Xtrackers California Municipal Etf Constituents

CDKCDK Global HoldingsStockSoftware—Application
WYNNWynn Resorts LimitedStockConsumer Discretionary
NTAPNetApp IncStockInformation Technology
SNPSSynopsysStockInformation Technology
AMZNAmazon IncStockConsumer Discretionary
VRSKVerisk AnalyticsStockIndustrials
VODVodafone Group PLCStockCommunication Services
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Xtrackers California Target Price Odds Analysis

What are Xtrackers California's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Xtrackers California jumping above the current price in 90 days from now is about 31.33%. The Xtrackers California Municipal probability density function shows the probability of Xtrackers California etf to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Xtrackers California has a beta of 0.0717 suggesting as returns on the market go up, Xtrackers California average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Xtrackers California Municipal will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Xtrackers California is significantly underperforming NYSE Composite.
  Odds Below 25.27HorizonTargetOdds Above 25.27
65.93%90 days
 25.27 
31.33%
Based on a normal probability distribution, the odds of Xtrackers California to move above the current price in 90 days from now is about 31.33 (This Xtrackers California Municipal probability density function shows the probability of Xtrackers Etf to fall within a particular range of prices over 90 days) .

Xtrackers California Top Holders

QICLXAqr International Multi StyleMutual FundForeign Large Value
QICRXAqr International Multi StyleMutual FundForeign Large Value
QICNXAqr International Multi StyleMutual FundForeign Large Value
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Xtrackers California Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Xtrackers California market risk premium is the additional return an investor will receive from holding Xtrackers California long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Xtrackers California. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Xtrackers California's alpha and beta are two of the key measurements used to evaluate Xtrackers California's performance over the market, the standard measures of volatility play an important role as well.

Xtrackers California Against Markets

Picking the right benchmark for Xtrackers California etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Xtrackers California etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Xtrackers California is critical whether you are bullish or bearish towards Xtrackers California Municipal at a given time. Please also check how Xtrackers California's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Xtrackers California without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Xtrackers Etf?

Before investing in Xtrackers California, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Xtrackers California. To buy Xtrackers California etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Xtrackers California. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Xtrackers California etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Xtrackers California Municipal etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Xtrackers California Municipal etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Xtrackers California Municipal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Xtrackers Etf please use our How to Invest in Xtrackers California guide.

Already Invested in Xtrackers California Municipal?

The danger of trading Xtrackers California Municipal is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Xtrackers California is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Xtrackers California. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Xtrackers California is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Xtrackers California offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Xtrackers California's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Xtrackers California Municipal Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Xtrackers California Municipal Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xtrackers California Municipal. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Xtrackers California information on this page should be used as a complementary analysis to other Xtrackers California's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Xtrackers California's price analysis, check to measure Xtrackers California's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Xtrackers California is operating at the current time. Most of Xtrackers California's value examination focuses on studying past and present price action to predict the probability of Xtrackers California's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xtrackers California's price. Additionally, you may evaluate how the addition of Xtrackers California to your portfolios can decrease your overall portfolio volatility.
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The market value of Xtrackers California is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers California's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers California's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xtrackers California's market value can be influenced by many factors that don't directly affect Xtrackers California's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xtrackers California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers California's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.